FACT CHECK: Obama disowns deficit he helped shape

Discussion in 'Politics' started by Trinity, Apr 29, 2009.

  1. Trinity

    Trinity New Member

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    In tonight's news conference Obama claimed that :

    " Obviously I didn't anticipate the worst economic crisis since the Great Depression-" Barack Obama

    Really? In March 2007, Obama Called on Paulson, Bernanke to Address Economic Crisis - Jason Leopold, The Public Record

    specifically Obama's economic advisor stated on the campaign trail:

    NPR, Morning Edition Sept. 18, 2008 - Adviser: Obama Won't Second-Guess The Fed

    Let's get the facts straight on this spending and the deficit. Obama is attempting to rewrite history and frame it so that can he weasel his way out of responsibility. No can do, Mr. President.
    FACT CHECK: Obama disowns deficit he helped shape

    By CALVIN WOODWARD - AP 4/29/09
     
  2. SilverTrain

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    An AP article masquerading as "hard news" by using FACT CHECK in the title. I guess that would fool a pre-teen.
     
  3. Bbucko

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    Or an internet troll tranny.
     
  4. VeeP

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    It was nothing more than predictably transparent maneuvering to prolong having to 'own' the mess. He won the election on the economic crisis; of course he knew what he was getting into.
     
  5. B_Mister Buildington

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    Trinity, this is like trying to convince the guys in the fictitious stories forum that girls prefer average sized penises. You can't change anyones mind here... Why do you bother with this? Do you get mad, or excited about people constantly insulting you for your political views? Do you enjoy it?

    I am seriously curious :-/
     
  6. Cowabanga

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    So Trinity, do you think we should do nothing about the economy as prescribe by the Republican? And keep making the rich richer as it has been laid out for last 20 years?
     
  7. B_Mister Buildington

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    What's wrong with the rich getting richer? The poor have been getting richer too, on a family by family basis. It's confusing, but check it out.

    CONTEMPORARY ECONOMIC MYTHS
     
  8. Zeuhl34

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    While that may be true, the rich are getting richer at a faster rate. When the top and bottom economic rungs grow their wealth at similar rates, that is when the economy really does well. However, the rich during the Bush II years (and Bush I and Reagan) had their wealth grow at a much faster rate than the poor, while during the Clinton years, the rates were fairly close.
     
  9. Trinity

    Trinity New Member

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    Yes he knew quite well.
     
  10. jason_els

    jason_els <img border="0" src="/images/badges/gold_member.gi

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    Unlike Bush who was completely blindsided.
     
  11. Trinity

    Trinity New Member

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    No arguments there...but Bush is gone.
     
  12. D_Tully Tunnelrat

    D_Tully Tunnelrat New Member

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    But his mess still smears us all. He left the US just as he left Texas: screwed, blued, tattooed, and deeply in debt.

    As bad as the deficit is, and I agree it's out of control, but it has been since Bush, imagine what life would be like with 25%+ unemployment. That is what we would have without government filling the coffers when capitalists run out of capital.
     
  13. PussyWellington

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    Do you think that 250,000 per year is rich?
     
  14. Industrialsize

    Staff Member Moderator Gold Member

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    I see you still have mastered the use of BOLD face........I miss your use of colors in your posts
     
  15. B_VinylBoy

    B_VinylBoy New Member

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    Not rich, but still life changing money for poor people. :biggrin1:
    Even if 50% of a person's gross income was taken away through taxes, something is wrong if one couldn't take care of their financial duties for their family with the remaining $125K.

    The average per family in America is around $45,000.
    And many people, single or with families, make less.
    Yet somehow they manage to survive, work hard like everyone else and keep a positive credit rating. How come someone who makes more than 5x that average has financial issues?
     
    #15 B_VinylBoy, Apr 30, 2009
    Last edited: Apr 30, 2009
  16. Trinity

    Trinity New Member

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    Obama ran his entire campaign on that sentence you wrote. Obama actually continues to talk about how horrible the Bush Administration was. The entire 2008 Presidential election was about the mess created. Republicans in Congress didn't even want Bush to campaign for them his political clout was so diminished and the Republican brand has been severely damaged. Obama knows it, the American people know it, and the Republicans certainly know it.

    Now...starting on Jan. 20th, 2009 began the Obama Administration. Obama is responsible for his decisions and the affects his Administration and his Party have on this Nation. The OP and the Articles clearly point out that despite Obama's attempt to reframe history to provide himself an excuse to use in the future when the polls start changing, Obama fully understood the job when he campaigned to be President.

    Obama was fully persuaded and hammered it home to the American people that he would be better than Hillary Clinton who described the job as needing "another Clinton to clean up after another Bush." Obama stumped repeatedly on the campaign trail that he was experienced enough, prepared enough to "hit the ground running" to address these massive promblems facing our nation "on day 1." Obama stressed that his plans and economic policies were the best way to turn around our Nation from the Bush era.

    Obama cannot claim he didn't know the severity of the economic crisis.:nono: Obama certainly cannot blame Bush for the current continued increase in the Deficit, out of control Spending, Pork and Earmarks. Obama's Administration's decisions during the first 100 days and even while Senator acting with the Majority Democratic Party are now a part of the problem instead of the solution.

    Obama knew and understood the problems of the economy. Obama's campaign platform had a "BluePrint for Change." Obama specifically stated that he did not believe in leaving future generations burdoned with debt.

    Obama's Remarks on Fiscal Responsibility on the Campaign Trail

    Obama stated that every one of his proposals was paid for by creating revenue or cutting costs in budget. Obama continues to run up debt with his proposals to quadruple it (according to the AP article) then Obama is using double talk and creative accounting to claim he will cut the new higher debt amount in half. :rolleyes:

    Read the article: Obama is going beyond "one time" emergency "charges" with his spending. And his one time emergency charges - his half of TARP and the Stimulus Bill have to operate under the correct economic policy and be managed correctly so that they don't end up costing the American Tax Payer more and actually stimulate the economy and create and save jobs. But in addition to the one time emergency charges, Obama is running up more debt.

    Obama's budget of high ticket items is not paid for by generating revenue or cutting costs as he promised and his budget is adding to the deficit in one of our weakest times as a nation.
     
  17. Trinity

    Trinity New Member

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    AP is the oldest and largest news organization in the world. AP has won 49 Pulitzer prizes. :rolleyes:

    Tranny buckaroo, since you joined the peanut gallery on a silly statement that makes you look silly too. :oops:
     
  18. SilverTrain

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  19. dong20

    Gold Member

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    Except it isn't. It's the oldest and the largest in the US.

    It's arguably (since Thompson-Reuters claim the size crown too) the largest globally, but not the oldest. Remember also that until recently, Reuters wasn't a US agency either.

    As for quality, well [Pulitzers notwithstanding] I think AP has some ground to make up. Given this is a thread citing an AP report with FACT CHECK in its title, I find the above somewhat ironic, if unsurprising.

    Indeed.
     
  20. Trinity

    Trinity New Member

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    Clear bias in reporting? What bias are you specifically referring to from that link that in any way supports your assertion that AP masquerades at presenting hard news?

    Your own link states:

    The Associated Press, as the largest news service and trusted by most news outlets your statement was not only unfounded, it was ridiculous.
     
    #20 Trinity, May 2, 2009
    Last edited: May 2, 2009
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